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Bidding war for BSkyB over : Comcast USA wins 22/9/18
Comcast Vs 21st Century Fox (Disney)
At least it will be over. [All sides involved in the takeover battle agree to a formula to end the process by Saturday night. The Takeover Panel said the two American companies bidding for control of Sky - film and TV group 21st Century Fox and cable giant Comcast - would be invited to take part in a three-round auction on Saturday if a competitive situation between the pair continued to exist by 5pm on Friday.] https://news.sky.com/story/bidding-w...panel-11502370 Sign Of The Times |
The Final bid is going on.
We expect to find out around 7:30PM -8PM |
Comcast won
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[Comcast has triumphed in the auction to buy Sky plc, the owner of Sky News, for £30.45bn in the biggest takeover ever seen in Europe's media industry.]
https://news.sky.com/story/comcast-o...r-sky-11505655 Of Course Fox still owns around 30% in this deal, so soon it will be Disney will be the 2nd owner of shares as they are taking over 21st Century Fox (except FoxNews and Sports) |
https://news.sky.com/story/james-mur...ntrol-11522135
James Murdoch quits Sky as Comcast takes control Comcast has now bought all the Sky Shares [Sky said there would now be applications to cancel its stock market listing and trading - and that this was expected to become effective on 7 November.] ["Separately, Sky News will benefit greatly from Comcast's funding commitments over the coming years and the arrangements that will be put in place to preserve and enhance its editorial independence."] |
Comcrap :fist:
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